David Hearst Jr – Net Worth 2019:
Since September 2012 his net worth was 1.9 billion dollars.
Who is David Hearst Jr?
Forbes reported that David Whitmire Hearst Jr, an American businessman, has an assessed 1.9 billion dollars net worth since September 2012.
Hearst Jr obtained the major share of his wealth through Hearst Corporation, the family business.
David is William Randolph, the media magnate’s grandson and one of several Hearst cousins who is listed on the Forbes 400 list.
Biography David Hearst Jr – Net Worth
He was born in the USA and thus has American nationality. He is currently in his late 60’s but, is still single, with no children, whilst he is residing in Los Angeles.
David Hearst Jr: Career
- His father gave him control of the San Francisco Examiner.
- He used yellow journalism to build one of the nation’s topmost newspaper chains.
- Currently the Hearst empire owns the following in the media industry: newspapers of which the San Francisco Chronicle is their flagship;
- Magazines including the Cosmopolitan, Good Housekeeping and Esquire.
- They have stakes in the following cable channels: A&E, Lifetime and ESPN. Nowadays, the Hearst Corporation holds more than 11 billion dollars stakes in ESPN.
- Radio stations and TV.
- The Hearst family also owns the Hearst Castle located in San Simeon, Calif, consisting or 90,000 square foot.
- During 2005 the Hearsts acquired $95 million from the state for the preservation of the property.
David Hearst Jr – Statistics on Forbes Lists: Net Worth
2012 number 250 Forbes 400 list
2013 dropped off to number 683
David Hearst Jr – Interests
He is an enthusiastic collector of valuable and vintage Hasselblad & Leica cameras.
Apart from being a businessman in the entertainment & media industry, he is also a philanthropist.
